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Labour unions to fight ArcelorMittal SA's retrenchments Business Report writes that angry labour unions are planning to oppose job cuts at ArcelorMittal SA (Amsa). The steel producer announced on Tuesday that it planned to retrench more than 50 employees as low demand, rising costs, a strong rand and SA's sluggish economy necessitated further cost-cutting measures. The company cannot yet say exactly how many people or which operations will be affected, as the consultation process with employees and unions must first be concluded and all avoidance measures fully explored. Trade union Solidarity said it would hold serious talks with Amsa to discuss alternatives so that retrenchments would be considered as a last resort.
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